Day: September 4, 2024

Selling Investment Assets

Selling investment assets can lead to significant financial outcomes, including tax implications that are vital for investors to understand. Whether you’re dealing with shares, real estate, or other investment vehicles, the tax you pay on the profits—commonly known as capital gains tax (CGT)—can vary based on several factors. As a tax agent, I’m here to guide you through the basics of taxes on selling investment assets, focusing on Australian tax laws to help you navigate your obligations and planning effectively.

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